A prominent British economist postulated that government intervention,in the form of social expenditures,could pull the economy out of a recession by stimulating demand for products and services.This is referred to as:

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Keynesian economics is a theory that suggests that during periods of economic downturns, government intervention can help to stimulate demand and thereby help to pull the economy out of a recession. This can be done through measures such as increasing social expenditures, which would increase spending and create jobs. This theory was popularized by the British economist John Maynard Keynes.

A Prominent British Economist Postulated That Government Intervention,in the Form